Panasonic is cutting 15,000 jobs, the second significant layoff in Japan’s electronics industry in less than a week. Panasonic is projecting a net loss of…
Bethesda, Maryland-based Lockheed Martin, the prime contractor for the F-22 fighter jet, said thousands of jobs would be lost if President Obama decides not to…
US private-sector companies shed 522,000 jobs in January, according to the ADP employment index. The index, compiled from anonymous payroll data, showed that goods-producing industries…
Atlantic City, New Jersey's 11 casinos are losing jobs at an alarming pace. The state Casino Control Commission says slightly more than 38,000 people are…
King Pharmaceuticals is cutting 760 jobs, or 22% of its workforce. About 240 of the job losses are corporate positions associated with King's $1.6 billion…
Huntington Bancshares is laying off 500 employees, or 4% of its work force; foregoing 2008 employee bonuses; and is ceasing its 401(k) matching program. CEO…
SAS, the troubled Scandinavian airline, will cut 3,000 jobs and ask shareholders for more cash to help it ride out the global economic meltdown. Shares,…